Fevertree Drinks (LON:FEVR) Stock Passes Above 50-Day Moving Average – Should You Sell?

Shares of Fevertree Drinks PLC (LON:FEVR) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 685.64 ($8.53) and traded as high as GBX 748.50 ($9.31). Fevertree Drinks shares last traded at GBX 732 ($9.10), with a volume of 510,764 shares changing hands.

Fevertree Drinks Trading Down 0.2 %

The company has a debt-to-equity ratio of 5.84, a current ratio of 4.11 and a quick ratio of 3.21. The business’s 50-day simple moving average is GBX 685.64 and its two-hundred day simple moving average is GBX 766.77. The stock has a market capitalization of £852.79 million, a price-to-earnings ratio of 3,844.74, a PEG ratio of -4.51 and a beta of 1.07.

Insider Activity at Fevertree Drinks

In related news, insider Andrew Branchflower bought 31,688 shares of the stock in a transaction dated Thursday, January 30th. The stock was acquired at an average price of GBX 785 ($9.76) per share, for a total transaction of £248,750.80 ($309,353.07). Company insiders own 10.56% of the company’s stock.

Fevertree Drinks Company Profile

Fevertree Drinks PLC, together with its subsidiaries, engages in the development and sale of premium mixer drinks in the United Kingdom, the United States, rest of Europe, and internationally. It offers Indian, Mediterranean, summer garden, elderflower, cucumber, damson and sloe berry, rhubarb and raspberry, aromatic, lemon, and Clementine tonic water products; pink grapefruit, soda water, raspberry and orange blossom, Mexican lime, Italian blood orange, white grape and apricot sodas; Silician, premium, and Madagascan cola and lemonades; British apple with garden mint, ginger, Sicilian lemonade, sparkling Mexican lime, Italian white grape and apricot, and light raspberry and rose lemonade softdrinks; and gingers.